Pacific Heights Plaza

In what was yet another good week for San Diego’s office market, a large portfolio deal was completed by a partnership between DRA Advisors LLC and Cypress Office Properties LLC, while local news outlet NBC 7 San Diego also acquired an office asset. The two deals were worth a combined $50 million, greatly boosting the profile of the local commercial real estate market. The transaction was arranged by Cassidy Turley Executive Managing Editor Rick Reeder and Managing Director Brad Tecca on behalf of the seller.